Reliance(+3.85%) up by 3% on Jio Financial Services Demerger News; Zee(-2.26%) Shares Tanks 2% as SAT Rejects Stay Order

IOCL Opens Gap up on Announcement of Rs 22,000 Crore Rights Issue.

Market Summary

Closing Bell: Nifty(+0.12%) above 19300, BANKNIFTY(-0.14%) above 44800, Sensex(+0.10%) gains 60 pts, Metal and Oil&Gas rally.

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Market News

Reliance(+3.85%) Shares up by 3% on Jio Financial Services Demerger News, Market Cap Tops ₹18 Lakh Crore. 🚀

Zee Entertainment(-2.26%) Stock Slumps 2% as SAT Rejects Stay on Punit Goenka and Subash Chandra Order. 📉

Titan(-3.13%) Shares Slip as Morgan Stanley Downgrades Stock, Citing Slowdown in Jewellery Growth. 📉💍

Olectra Greentech's(+4.55%) Market Cap Overwhelmed by Rs 10,000 Crore Order, Stock Surges 41% in 3 sessions. 🚀

SEBI Defends Rule Change Amid Adani Group Controversy, Denies Tougher Identification of Offshore Fund Beneficiaries. 🧾📈

Tata Motors(+0.07%) Hits Record High as JLR Reports 30% YoY Rise in Wholesale Dispatches. 🚗 📈

SpiceJet(+1.93%) Shares Jump 2% on Announcement of Capital Raising Plan. 💰✈️

Cyient DLM Surges 58.72% on Debut, Maintains Strong Momentum Throughout the Session. 🚀

Servotech Power(-4.99%) Systems Declines 5% as Record Date for Stock Split Announcement Takes Effect. 🧾📉